No, it does NOT! Physical and/or digital copies of an agreement fall short. The Federal Reserve has ALL of the original notes per the bank’s license from the Federal Reserve (agreeing to have such reserves as to never lend money, but instead exchange one currency into another with their internal capital).
When a debt collector is backed into a corner and forced to validate a debt, their favorite trick is to mail you a computer printout. Often this looks like a digital PDF of an old application or a terms-of-service agreement with an electronic signature or checkbox on it.
They will point to the E-Sign Act and claim that because electronic signatures are legally recognized, their digital copy is absolute proof that you owe them money. Don't be fooled! An electronic copy of a signature is just data on a screen. It does NOT prove a contract was ever legally formed because it completely fails to prove a "meeting of the minds."
According to Black's Law Dictionary, a valid binding contract requires that both parties must fully understand, agree to, and accept the EXACT SAME TERMS, RISKS, AND OBLIGATIONS AT THE EXACT SAME TIME. How many of us read and fully understand exactly what we've agreed to by signing their Agreements in order to finalize opening a bank account, credit card or loan? Is there equal risk, disclosure, did both parties even sign? No, there never was. This means the basic elements of a contract were not met.
If there is no meeting of the minds, there is no contract. Period. It is considered void ab initio (legally DEAD from the beginning).